Class Action News

Class Action Legal News articles include legal news and lawsuit information about lawsuits filed, settlements reached and verdicts rendered in class action cases dealing with personal injury, defective products, bad drugs and other consumer law related news issues. Many of these articles include interviews from top legal professionals with guidance on legal recourse options from losses resulting from bad drugs, medical malpractice, investment fraud, personal injury, defective products and negligent employers.

Bear Stearns Sale has Far-Reaching Implications
April 4, 2008
New York, NY The recent rescue and sale of Bear Stearns has many implications for the economy, for business students and for employees of the company who had invested in Bear Stearns stock. Now, many employees are investigating a possible lawsuit against the company, alleging that fiduciaries knew or should have known about the decline in stock value.
Bear Stearns: Stocks Wiped Out
April 3, 2008
New York, NY Andrew S. is a former employee at Bear Stearns who lost money in the recent sale of Bear Stearns to J.P. Morgan Chase & Co. Andrew says that he is upset not only at losing money, but that company officials told shareholders that the stocks were fine. He, like many others affected by the sale, is interested in pursuing a lawsuit against Bear Stearns for allowing the situation to become so dire.
Bear Stearns: Personal Fortunes Wiped Out Overnight
March 26, 2008
New York, NY As the bewilderment and disgust over the Bear Stearns debacle washes through Wall Street, it is becoming clear that no one is going to let the firm go for the disparaging price of $2 a share. The current figure bandied about by JP Morgan Chase, the hopeful suitor, is now $10 per share—and that figure might go even higher if rival bidders step up to the plate in an effort to gain control of the beleaguered trader. To be sure, the higher the share price at the time of the sale, the better it will be for Bear Stearns employees who hold company stock in their 401(k) retirement plans.
Bear Stearns: The Deal is Still at Play, Shareholders Fight Back
March 24, 2008
New York, NY: The day after the Bear Stearns bailout was announced at the fire sale price of $2 a share, some longtime Bear Stearns employees were seen in the hallways crying. A third of Bear Stearns employees are also shareholders, and suddenly faced losing their life savings if Bear Stearns fails, or is actually sold at such a low price.
Bear Stearns: The Bear is Silenced, The Investors Buffaloed
March 18, 2008
New York, NY At news that JP Morgan, with an assist from the Federal Reserve had scooped up beleaguered Bear Stearns at a fire sale for $2 a share over the weekend, the financial world suddenly felt the cold wind that they had been hearing off in the distance for months. But pity the shell-shocked Bear Stearns investor, whose stock was worth $170 dollars a share or more, just a year ago.

Request Legal Help

Please complete this form to request a review of your complaint by an attorney.

First name Last name Email address Phone number Zip Defendant (who are you accusing?) Describe your complaint: Category that best suits your complaint Receive our weekly newsletter from our sister publication LawyersandSettlements with the latest lawsuit news and legal information.

By submitting this form I agree to the Terms of Service.

There is absolutely no cost to you to submit this form. Doing so places you under no obligations and does not establish an attorney-client relationship.

Visit other Online Legal Media Websites: